FeesSafety
Pluang+

Bitcoin nears $87K as ETF inflows trigger $558M crypto short squeeze

Market News
22 Sep 2026, 20:25 WIB
Tokenpost
View Source
Bullish
Bitcoin nears $87K as ETF inflows trigger $558M crypto short squeeze

Bitcoin surged close to $87,400, pushing the crypto market near a $3 trillion cap, driven by $558 million in liquidations mainly from short positions. Institutional investors fueled the rally with over $1.9 billion in spot ETF inflows, especially into Bitcoin, Solana, and Ethereum. Binance is restructuring its trading pairs, removing 19 low-liquidity pairs and suspending new isolated-margin borrowing, while also acquiring Circle shares for $100 million. Traders are advised to close affected margin positions before deadlines to avoid forced settlements.

Bitcoin trades at Rp1.546.298.519 on Pluang, up 0.88% as of Sep 23, 2026 00:42 WIB. Ethereum and Solana also show gains, with prices at Rp49.241.450 and Rp2.108.937, rising 0.68% and 0.61% respectively. Market activity on Pluang shows a mix of buying and selling, with Bitcoin orders 65% sell and 35% buy, reflecting cautious investor behavior.

More News (BTC)

Bitcoin's recovery slows as volatility drops to 25%, with $80K support critical amid Fed's hawkish stance.

Bitcoin's recovery slows as volatility drops to 25%, with $80K support critical amid Fed's hawkish stance.

Bitcoin's price recovery is losing momentum as its volatility decreases to around 25%, nearing the low levels seen in July 2023. Short-term holders' unrealized profits have shrunk from 20% to 5.5%, indicating reduced upward momentum and increased vul...

Market News
Neutral
4 hours ago
Open interest drops across top five crypto futures, led by Dogecoin's 2.37% decline.

Open interest drops across top five crypto futures, led by Dogecoin's 2.37% decline.

Open interest in perpetual futures for five major cryptocurrencies—Bitcoin, Ether, Solana, XRP, and Dogecoin—fell as of Oct. 29, with Dogecoin experiencing the largest drop of 2.37%. Despite the declines, long positions outnumbered short ones in all ...

Bearish
4 hours ago
Ethereum ETFs see $170M outflows, risking price drop below $2,280 amid rising Bitcoin ETF demand.

Ethereum ETFs see $170M outflows, risking price drop below $2,280 amid rising Bitcoin ETF demand.

Ethereum spot ETFs experienced withdrawals totaling $170.21 million over three days ending October 28, signaling declining institutional demand and putting downward pressure on Ethereum's price. Despite some relief from Fidelity's FETH ETF, BlackRock...

Bearish
4 hours ago
Cardano (ADA) leads crypto losses with a 4.06% drop in 24 hours, Bitcoin and others also fall.

Cardano (ADA) leads crypto losses with a 4.06% drop in 24 hours, Bitcoin and others also fall.

In the latest 24-hour market snapshot, Cardano (ADA) experienced the largest decline among major cryptocurrencies, dropping 4.06% to $0.1984. Bitcoin (BTC) fell by 1.72% to $79,978, while XRP and Solana also saw decreases of 3.02% and 2.31%, respecti...

Market News
Bearish
7 hours ago
Fidelity-linked post claims Bitcoin seen as safe haven with potential $200K price, but lacks official source.

Fidelity-linked post claims Bitcoin seen as safe haven with potential $200K price, but lacks official source.

A post on X from The Bitcoin Historian account attributed to Fidelity Investments suggests investors increasingly view Bitcoin as a safe-haven asset and hints at renewed upward momentum. It also referenced a previous post predicting Bitcoin could rea...

Market News
Bullish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App